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and for the obama administration, the question is, is it in their interest to trade tax cuts for the wealthy? increase for the wealthy for raising the age for eligibility for medicare, for example. i'm not sure that that's a trade that they are eager to make immediately. >> let me show you the side by side comparison. the president wants $1.6 trillion in revenue and republicans want to cap the same deductions for the rich but republicans want to change the age to 67 and change the way they calculate social security payments. i wonder, though, when we look at these numbers, are we that far apart in. >> i think they are definitely rather far aare part at this moment in time. yeah, absolutely. >> so there are so many ways that any of this could affect the average tack payer, obviously if taxes go up. but what about funding to states and localities. i know that one of the things that they are concerned about is that when you make cuts, that essentially those cuts are going to come on their budgets. what could happen in a meeting like this between bipartisan governors and the president? >
and for the obama administration, the question is, is it in their interest to trade tax cuts for the wealthy? increase for the wealthy for raising the age for eligibility for medicare, for example. i'm not sure that that's a trade that they are eager to make immediately. >> let me show you the side by side comparison. the president wants $1.6 trillion in revenue and republicans want to cap the same deductions for the rich but republicans want to change the age to 67 and change the way...
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it's not clear whether the obama administration would call on u.s. troops to do that or try to outsource the job to jordan or another mideast alley. >> the senate passed defense spending bill. it moves on to a conference committee to reconcile with the house version. it includes amendment from the senator john mccain to require a report on possible military action that could be used in syria. are famous people who want to take away your gun rights hypocrites? that is later in the grapevine. up next, riot guns and tear gas in cairo. egypt rises up against the president again. um... uh... um... hm... umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon. >> bret: unestimate today had 100,000 egyptians taking to the streets this afternoon to show their outrage over a perceived power grab by the president. correspondent steve harrigan is in t
it's not clear whether the obama administration would call on u.s. troops to do that or try to outsource the job to jordan or another mideast alley. >> the senate passed defense spending bill. it moves on to a conference committee to reconcile with the house version. it includes amendment from the senator john mccain to require a report on possible military action that could be used in syria. are famous people who want to take away your gun rights hypocrites? that is later in the...
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>> i think it's a big problem for the obama administration and for the country. the president was right on september 12th when he said that the world needs to understand that when the united states is messed with there will be retribution, and what we've seen thus far, whether it's in the ap story, or a new york times story with one of the suspected plotters of the attack sipping fruit drinks with reporters, or, you know, the fact that the fbi continue get on the ground for several weeks after the attack there doesn't seem to be the urgency that the president suggested that there would be. i think the world needs to see that beyond the immediate concern of just bringing to justice the people who actually committed the act. bill: why does it appear to be such a low priority? what would explain that? >> well one guess would be that it isn't a high priority. this is not something that seems to have taken up a lot of time of folks in the white house, of folks elsewhere. i think if there were the urgency that the president said there would be we would have seen much m
>> i think it's a big problem for the obama administration and for the country. the president was right on september 12th when he said that the world needs to understand that when the united states is messed with there will be retribution, and what we've seen thus far, whether it's in the ap story, or a new york times story with one of the suspected plotters of the attack sipping fruit drinks with reporters, or, you know, the fact that the fbi continue get on the ground for several weeks...
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and this gives frankly, this gives the white house and this gives the obama administration much more bargaining leverage. >> grover norquist, here's the problem, it seems to me. again, as long as the posturing goes on with fairly ridiculous offers on both sides and lots of political rhetoric along the lines of well, they're not giving an inch, we're going backwards, you can't really go backwards from a position of complete standstill, as far as i'm concerned. as this goes on, the american economy stalls, wall street's nervous, the consumers that should be out there now buying lots of christmas presents and boosting the economy will be reticent because they'll be thinking hang on, what's going to happen come the end of the year, am i suddenly going to have to find more money. everything starts to once again get paralyzed and somebody's got to give here. now, are the republicans prepared to go over this cliff on the pure point of refusing to allow increased income tax on the richest 2% of the country? and if so, why? it's such a small thing to fall over a cliff over, isn't it? who care
and this gives frankly, this gives the white house and this gives the obama administration much more bargaining leverage. >> grover norquist, here's the problem, it seems to me. again, as long as the posturing goes on with fairly ridiculous offers on both sides and lots of political rhetoric along the lines of well, they're not giving an inch, we're going backwards, you can't really go backwards from a position of complete standstill, as far as i'm concerned. as this goes on, the american...
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. >> that's from a new video by the obama administration designed to get the public on the president's side of this tax fight. the president took to twitter today to answer questions about the fiscal cliff. one person asked whether deductions for homeowners are at risk to which the president responded, breaks for middle class important for families and economy. if top rates don't go up, danger that middle class deductions get hit. signed "bo." yesterday house speaker john boehner said this on fox news. >> listen, nobody want to go over the cliff. that's why the day after the election i tried to speed this process up by making a concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. you know, the president's idea of a negotiation is, roll over and do what i ask. >> and on "meet the press" yesterday grover tried to change america's mind about who to blame if we do go off the cliff. >> tea party 2 is going to dwarf tea party one if obama pushes us off the cliff. let's not pretend who's pushing us offer the cliff. >> bu
. >> that's from a new video by the obama administration designed to get the public on the president's side of this tax fight. the president took to twitter today to answer questions about the fiscal cliff. one person asked whether deductions for homeowners are at risk to which the president responded, breaks for middle class important for families and economy. if top rates don't go up, danger that middle class deductions get hit. signed "bo." yesterday house speaker john...
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bush 43 has been fairly quiet throughout the first term of the obama administration. now the president has been reelected, george w. bush sort of comes out a little bit to make this big address, why? what is the timing about, do you think? >> i think the timing was shrewd. he really made a point of staying quiet during the first couple of years of president obama's administration, saying that he wanted the about the to be able to do his job, he didn't think he needed a former president to go out there and do somed tore ra some editorializing. he gave some peaches, enjoyed his life. he was not the subject of any praeurbgsz in fact not the subject at all at the republican convention in tampa in august. as mitt romney was trying to win the presidentee again, george w. bush was really a recluse. i think now that the election is over the republicans lost. he wants to have a role in one of his causes. immigration is a passion he shares with his brother jeb, former governor of florida who is thinking of his own political future and possibly a white house run and wants to hel
bush 43 has been fairly quiet throughout the first term of the obama administration. now the president has been reelected, george w. bush sort of comes out a little bit to make this big address, why? what is the timing about, do you think? >> i think the timing was shrewd. he really made a point of staying quiet during the first couple of years of president obama's administration, saying that he wanted the about the to be able to do his job, he didn't think he needed a former president to...
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obama is determined to phase out the bush administration tax cuts for families making more than $250,000 a year. >> he will not sign a bill that extends those tax rates for the top 2%. we can't afford it. it is not a wise economic policy or wise fiscal policy. and it would defeat the principle of balance that he has embraced. >> so with less than a month to go before the deadline, we've now had an offer and a counteroffer, but arguably, no real attempt at compromise. democrats say republicans haven't detailed how they would increase tax revenue and they haven't offered enough of it and republicans say democrats haven't agreed to serious entitlement program cuts. steve, gretchen, brian? >> steve: thank you very much, live from the north lawn. ten minutes before the top of the hour. you probably remember the $6 million man. >> wed into to make the world's first bionic man better than he was before. better, stronger, faster. >> steve: our next guest says he can make this a reality, merging man with machine. it does not involve lee majors. >> gretchen: first let's check in with martha mccall
obama is determined to phase out the bush administration tax cuts for families making more than $250,000 a year. >> he will not sign a bill that extends those tax rates for the top 2%. we can't afford it. it is not a wise economic policy or wise fiscal policy. and it would defeat the principle of balance that he has embraced. >> so with less than a month to go before the deadline, we've now had an offer and a counteroffer, but arguably, no real attempt at compromise. democrats say...
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administration? what gig would it be? and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. [ male announcer ] the bankamericard cash rewards card. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teache
administration? what gig would it be? and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas....
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. >> and the obama administration is saying what the united nations did unilaterally was a setback. do you agree with that? the body i represent is split. some people are in favor of the u.s. vote. the truth of it, the only thing that will work to deliver a palestinian state side-by-side with a secure state of israel is peace. as you can see we have a chance now. the president has been re-elected. i know he's deeply personally committed to this and we just have to regrip it, i'm afraid. >> what's gone wrong? >> it's partly because there's so much turmoil in the region right now. it's how each side views its own prospects. >> how would you characterize a credible negotiation given the fact as long as we've been alive there's been these problems that keep erupting and never, ever get solved? we've been trying for 20, 30 years. it was 50, 60 years before we got one that worked. and actually back in the year 2000, and again in 2008, you have no option in the end. the only thing that works is to make it credible if we shape the negotiations. give it some shape so that we can see this is
. >> and the obama administration is saying what the united nations did unilaterally was a setback. do you agree with that? the body i represent is split. some people are in favor of the u.s. vote. the truth of it, the only thing that will work to deliver a palestinian state side-by-side with a secure state of israel is peace. as you can see we have a chance now. the president has been re-elected. i know he's deeply personally committed to this and we just have to regrip it, i'm afraid....